Top 10 ERC-404 Tokens

ANON is an advancement in the ERC-404 space. It focuses on the issues related to liquidity in the original ERC-404 standard and also solves the rarity functionality problems. It introduces instantaneous liquidity to NFTs and enhances rarity tracking. 

The ANON’s upgrade to the original ERC-404 aims to monitor NFT circulation, safeguarding uniqueness and value.

Asterix ERC-404 token was introduced recently in 2024 itself. It has a market supply of 10,000 tokens. Even though it just emerged in the market, it has successfully managed to attract significant investor interest, due to its growth potential. 

Asterix also has an active Telegram community. It offers a platform where investors can discuss the token and stay updated.

Bakery404 acts as a ERC-404 Factory that enables and revolutionizes token creation. The platform allows developing custom tokens on Ethereum Mainnet, Base, and Arbitrum. And completing this does not require any coding expertise. 

Bakery404’s token creation process is well-streamlined and designed to provide a delightful experience for the users. The demand and potential for the project results in a market surge for $BAKE token.

$CRYSTAL has been emerging as a top ERC-404 token on Arbitrum. It has been created by Scattering.io and has fostered an active community. The token is launched with the aim to set Scattering as the top ERC-404 marketplace and contribute to the growth of other tokens by supporting projects launching on Arbitrum.

DeFrogs is another prominent ERC-404 token with 10,000 assets in number. As anyone acquires DEFROGS tokens on any DEX, corresponding DeFrogs NFTs get created. It provides the users an experience of collecting NFTs while trading fractional ownership tokens. 

DeFrogs tokens empower the holders to hop onto tokens as well as NFT platforms, including Uniswap, OpenSea, etc., for higher returns.

EtherRock404 is a popular ERC-404 token collection comprising 100 rare graphic NFTs. These NFTs allow token trading on the Ethereum Blockchain. These unique art pieces have attracted a significant audience in the market. However, the tokens lack in terms of much utility. 

If you check their changing value over time, it’ll give you an idea of the token’s potential.

Froggy Friends entered the ERC-404 space with the $TADPOLE token. They have leveraged an established brand with over 20 million GIF views on Giphy. The collection also introduces some new licensing opportunities. This has helped it become a top player, engaging a vast audience base.

Monarch adds gamification to ERC-404. It features 8,888 dragon NFTs, having varying tiers and colours, competing to become the rarest. The game involves competition for evolving dragons and associated token rewards, adding an interactive gaming experience to the original ERC-404 standard.

Pandora is well known for the inaugural ERC-404 initiative. The token has gained much attention, with a surge of over 667% in 30 days.

Pandora involves 10,000 ERC-20 tokens linked to 10,000 Replicant NFTs. The key concept behind the project is to enable the fractionalized trading of NFTs through tokens and doing so while maintaining the inherent NFT value.

$RUG was originally known as a Solana-based rugged Penguin NFT. It has then undergone a transformation into an ERC-404-compliant collection. This allows for its token-NFT duality to trade on various DECs and NFT marketplaces. 

Serving as a community-led initiative, $RUG signifies the emergence of the “NFT as meme” era. It has thus successfully invited enthusiasts to join the movement and participate in the unique experiment.

The ERC-404 token standard is a blend of ERC-20 and ERC-721 tokens. It is considered an experimental standard, introducing a semi-fungible token concept. It offers a blend of fungible and non-fungible token capabilities & their strengths.

As a trader acquires ERC-404 tokens on DEXs, they get it along with a fractional ownership of a linked NFT. This allows flexible trading and ownership. The token standard also aims to address the limitations of existing ERC token standards & how the tokens behave.

For instance, 

• ERC-404 solves the problem of fractionalizing ERC-721 tokens. It introduces a native option to fractionalize NFTs.
• The new standard also allows multiple wallets to own a single NFT.

While the standard was recently launched in 2024 itself, it has shown early successes. Here’s why considering an investment in ERC 404 is a good option for you:

• Several of these recently launched tokens have surged by hundreds/ thousands per cent with significant trading volumes, as is evident from the above list.
• They enable the feasibility of fractionalization of NFTs with ease of collecting as well as trading.
• Many of these add more advancements, including gamification to the original ERC-404 standard. This ensures an enhanced utility, creating engagement and potential for further growth.
• Price fluctuations are just short-term, but the utility and potential long-term benefits that these tokens bring to the ecosystem are existential.